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Company Registration No. 13711392 (England and Wales)
The Specialist Photography Group Ltd Unaudited accounts for the year ended 31 October 2024
The Specialist Photography Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Specialist Photography Group Ltd Company Information for the year ended 31 October 2024
Director
Michael Molloy
Company Number
13711392 (England and Wales)
Registered Office
4 THE SHRUBBERY GROSVENOR ROAD WANSTEAD LONDON E11 2EL UNITED KINGDOM
Accountants
Total Accounting Solutions Limited 68 Habgood Road Loughton Essex IG10 1HE
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The Specialist Photography Group Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,801 
3,289 
Current assets
Debtors
5
11,823 
4,320 
Cash at bank and in hand
9,613 
35,926 
21,436 
40,246 
Creditors: amounts falling due within one year
6
(22,533)
(27,557)
Net current (liabilities)/assets
(1,097)
12,689 
Net assets
704 
15,978 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
703 
15,977 
Shareholders' funds
704 
15,978 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 April 2025 and were signed on its behalf by
Michael Molloy Director Company Registration No. 13711392
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The Specialist Photography Group Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
The Specialist Photography Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13711392. The registered office is 4 THE SHRUBBERY, GROSVENOR ROAD, WANSTEAD, LONDON, E11 2EL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2023
5,949 
At 31 October 2024
5,949 
Depreciation
At 1 November 2023
2,660 
Charge for the year
1,488 
At 31 October 2024
4,148 
Net book value
At 31 October 2024
1,801 
At 31 October 2023
3,289 
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The Specialist Photography Group Ltd Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,959 
4,320 
Other debtors
864 
- 
11,823 
4,320 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,771 
11,160 
Loans from directors
13,745 
15,334 
Accruals
6,017 
1,063 
22,533 
27,557 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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